U.S. cattle on feed up slightly in March

The U.S. Department of Agriculture (USDA) released the latest “Cattle on Feed” report last Friday, showing cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on April 1. This was slightly above last year during the same period. The inventory included 7.23 million steers and steer calves, down 2% from the previous year. USDA said this group accounted for 66% of the total inventory. Heifers and heifer calves accounted for 3.67 million head, up 5% from 2016.

Placements in feedlots during March totaled 2.10 million head, 11% above 2016. Placements were the highest for March since the series began in 1996, USDA said. Net placements were 2.05 million head. During March, placements of cattle and calves weighing less than 600 pounds were 350,000 head, 600-699 pounds were 295,000 head, 700-799 pounds were 620,000 head, 800-899 pounds were 585,000, 900-999 pounds were 185,000, and 1,000 pounds and greaterwere 67,000 head.

Marketings of fed cattle during March totaled 1.91 million head, 10% above 2016.

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